Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Variational Omni−0.616%7-day average +0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 3 days (all we have)+1.002%+$100 · spread now −0.616%, 7d avg +0.035%
Together, before fees+1.009%+ Points / potential airdropVariational Omni: Active · farm board+$101 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.651% cheaper against Variational Omni than usual: you would sell low and buy high, −$65 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XRP1.56900.0100pay 0.0100% / 8h1h 37m$12.0M$29.9M
ShortPolymarket Perps XRP-USD1.55930.0100get 0.0013% / 1h37m 26s$46K$445K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.616% → +0.035%
−$65.11
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$73.11
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Polymarket Perps: live order book, 45 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago2.01 bpdoesn't fit6.4 bp −$6427.8 bp −$2,784doesn't fit
Sell Polymarket Perps live order book, 45 min ago2.27 bp6.9 bp −$79.8 bp −$98doesn't fitdoesn't fit

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5610−0.508%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5594−0.612%$1.1M$104K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5617−0.463%$9.7M$25.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5653−0.233%$262K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5290−2.548%$2K$86K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5606−0.533%$15.6M$68.0M50xas long as short
Orderly PERP_XRP_USDC+0.0053%8h1.5643−0.298%$81K$938K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S +0.0134%1h1.5653−0.235%$922K200xas long as short
Lighter XRP+0.0096%1h1.5594−0.607%$3.0M$11.9M20xas long as short
Lighter RH XRP+0.0096%1h1.5600−0.572%$461K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5589−0.645%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5592−0.623%$39.6M$76.5M100xas long as short
Pacifica XRP+0.0100%1h1.5594−0.610%$673K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5593−0.614%$562.9M$1.94B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5593−0.616%$350.8M$880.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5590−0.635%$127.4M$872.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5693+0.021%$584K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5602−0.559%$119K$729K20xas long as short
Bulk XRP-USD+0.0100%1h1.5683−0.043%$1.7M$616K20xas long as short
Gate XRP_USDT+0.0100%8h1.5595−0.604%$374.4M$137.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5591−0.629%$293.2M$836.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5592−0.621%$114.9M$156.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5588−0.648%$271.2M$357.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5598−0.584%$116.5Mas long as short
Variational Omni XRPlong+0.0100%8h1.5690long leg$12.0M$29.9M
edgeX XRPUSDC+0.0100%4h1.5643−0.295%$679K$99.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5652−0.240%$1.1M$41.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5645−0.285%$1.0M$880K50xas long as short
Vest XRP-PERP+0.0100%1h1.5601−0.567%$10K10xas long as short
Polymarket Perps XRP-USDshort+0.0100%1h1.5593−0.616%$46K$445K20x
Bullet XRP-USD+0.0100%1h1.5604−0.544%$42K$64K20xas long as short
Derive XRP-PERP+0.0100%1h1.5645−0.287%$842K$79K10xas long as short
SunX XRP-USDT+0.0100%8h1.5668−0.141%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5613−0.489%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5604−0.545%$51.3M$15.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5614−0.482%$55.6M$29.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5592−0.621%$486K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5601−0.565%$12K$249K20xas long as short
Extended XRP-USD+0.0104%1h1.5592−0.624%$2.2M$7.0M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5615−0.476%$73K$40K3xas long as short
Hibachi XRP/USDT-P+0.0128%1h1.5657−0.210%$18K$81K7xas long as short
01 Exchange XRPUSD+0.0160%1h1.5604−0.546%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5587−0.656%$1.4M$9K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5619−0.451%$5.8M$46.7M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5633−0.361%$24.5M$72.9M125xas long as short
Backpack XRP_USDC_PERP+0.0315%1h1.5625−0.412%$1.8M$972K25xas long as short
Kalshi KXXRPPERP+0.0325%8h1.5650−0.253%$1.9M$32.3M2.9xas long as short
Phoenix XRP+0.0516%1h1.5730+0.257%$70K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5608−0.521%$509K$615K10xas long as short
Hyperliquid XRP+0.0614%1h1.5610−0.508%$291.1M$199.5M20xas long as short
Aftermath Perps XRPUSD+0.0647%1h1.5674−0.102%$1K$11K10xas long as short